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Perspectives from Social Economics

Rediscovering Social Economics

Beyond the Neoclassical Paradigm

Authors: Johnson, Roger D.

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  • Explores how alternative approaches to social economics influence mainstream discourse
  • Critically analyzes normative and behavioral assumptions underpinning labor and financial markets
  • Provides a fresh treatment of the neoclassical idea of market equilibrium
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  • ISBN 978-3-319-51265-5
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Softcover $139.99
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  • ISBN 978-3-319-84606-4
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About this book

This book argues that economists need to reengage with societal issues, such as justice and fairness in distribution, that inevitably arise when discussing the basic economic problem of unlimited human wants and finite resources. Approaching the problem through a history of economic thought, Johnson reexamines Adam Smith’s contributions to show how they reach beyond neoclassical models that are too simplistic to reflect the growing interdependencies of market economies. He breaks down supposedly value-free neoclassical postulates to expose normative assumptions about economics and justice, demonstrating, for example, that the concept of market equilibrium is problematic because need-based behavior can produce involuntary unemployment even when a competitive labor market achieves equilibrium.

About the authors

Roger D. Johnson is a retired Professor of Economics from Messiah College, USA. He earned the Helen Potter Award from the Association for Social Economics for best article appearing in the Review of Social Economics in 1990.

Table of contents (13 chapters)

Table of contents (13 chapters)

Buy this book

eBook $109.00
price for USA in USD (gross)
  • ISBN 978-3-319-51265-5
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA in USD
  • ISBN 978-3-319-51264-8
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
Softcover $139.99
price for USA in USD
  • ISBN 978-3-319-84606-4
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Rediscovering Social Economics
Book Subtitle
Beyond the Neoclassical Paradigm
Authors
Series Title
Perspectives from Social Economics
Copyright
2017
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-319-51265-5
DOI
10.1007/978-3-319-51265-5
Hardcover ISBN
978-3-319-51264-8
Softcover ISBN
978-3-319-84606-4
Series ISSN
2662-396X
Edition Number
1
Number of Pages
XV, 191
Number of Illustrations
7 b/w illustrations, 25 illustrations in colour
Topics

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